Is there a fake coin?

[anjohyx]

There are a lot of fake and shit coins , everyone also can create your own coins, but not all the project have value and real product , they just want to earn easy money , so better do your own research before start investing

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[Fatunad]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

Fake coins? When we do talk about fake coins then usually these dont have value since they are just fake but we do all know that there are clone coins or shit coins in the market. They might not be fake or just cloning to each other but yet they do have still value but considered to be trash or useless at all. If you do pertain about shit coins then you should really avoid on buying up these coins if you dont like to lose up money.

[Lindell]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

yes there are fake coins that exist. Consider these things:

1) There is no key information in the coins you should doubt whether those real coins are.
2) If no team member is shown as CEO and admin or when no face is shown you should be discouraged.
3) No whitepaper. Everything you need to know regarding currency in details. When there is no detailed or obscure details you better avoid that coins.
4) No code base.
5) unrealistic offering.

[Kaniel-ouots]

A lot of fake coins

[nguli]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

there are so many fake coins and coins that fail to develop, to anticipate such coins I can only see from the total supply and the products they make is feasible or not, if not already in the coin it is very difficult to develop or can be said fake coin.

[lobo13hf]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

Yobit, cryptopia, coinexchange. All of them are having so many fake coin or i called them all as dead coin for sure with no volume and demand. They are all created by scammers to scam the investors and traders.
There are so many fake coins in these days, the only way to avoid fake coin you can try to make a deep research about that. majority of fake coin started with nonsense idea.

[MakesMe]

there`s some scam screamers everywhere, that point scam on everything, not even trying to dig deeper, and also such obvious scam and people buying it) so funny

[Cubanlinx81]

Of course there are many fake coins out there today; especially on ether delta. Whenever you use ether delta you have to make sure to cross check the token contract address. I have heard many sad stories and newbies getting burn by rushing in to buying a coin without exercising proper caution. Use a little common sense and you’ll be ok.

[lukmankhan25]

do the observations, join the group of coins. read whitepaper and roadmap. maybe it can prevent you from buying fake coins

[gyun.094]

I think there is and not one, so you should treat the crypto currency with extreme caution. Read more information and analyze.

[Nick Abimanyu]

Are there any fake coins existing? How do you avoid buying fake coins?

Of course the fake coin is there, this coin is actually not a 'mining' coin, but an 'engineering' coin created by Shit Developer and commonly called shitcoin. Most of these coins last only a few days or months and this coin is usually supported by speculators who want to get rich quick and they always end it with a scam.

[bimbie]

Read more articles about that fake coin to avoid getting one,scammers are everywhere they can fake everything just to destroy other people and for them to be happy.

[777Jolami]

There are many fake crypto are being deliberately created to scam investors. Always be careful and study the crypto coin before deciding to invest in it because if your property is lost then there is no way to get it back, remember this.

[annbagira]

I don't like to criticize the people. Please, put some efforts to check the project where you send your money! Don't use strange links! Check the addresses, team background, juridical aspects, phone, white paper. Do all possible to check the project on maximal criteria because scammers are good but not enough they make a lot of funny and stupid mistakes! But some of them are really smart but they also make mistakes. Please be attentive and wise! Good luck to all of us! Best investments!

[AimHigh]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

Yes it have fake coins many of them was a scam investor thay they saying "join our team and pay this kind of amount and your qill earn after a weeks" so that the sample of what they say specially those who are not familiar in cryptocurrency or we should say newbie. To make sure that you will not to be scam always search first or check their project, always read a second though and specially check the background of that project.

[Murloc]

Depends on what you understand under the fake coin. For me is is a coin that doesn't meet its obligations after people bought it. Usually they are centralizad, have their own exchange and the emission of such coins is uncontrolled (only god knows how many coins exist in this particular moment), and normaly attract new people by offering PoS with huge rates. Normaly it is MLM bullshit. Sometimes it is getting popular like Bitconnect but there is also a huge amount of less popular coins. Less popular example of mlm scamcoins is fargocoin.

[ModaFuka1994]

On the current ICO market, many coin fakes exist. Before investing in ICOs as well as buying your coins, you need to analyze the ICO project thoroughly. From the analysis of the developers as well as the advisor of that plan, the number of Token sold when pre-ico to find the most potent coins and ICO.

[wilberthh]

I don't understand what this "fake coins" are. But if you are referring this this to á "scam coin", then the best way to avoid this is to do your own research. Personally, I think it's not that hard to spot this "fake coin". Most of the time it has same schemes as the others scam coins which are : slow website / the work of the website looks so simple / plain, inactive team, no updates on development at all, hard to contact / reach the team, and the best way to spot it, which usually you can find on the others scam coins are : Too good to be true.

[European Central Bank]

there's no such thing as an operating coin that can be faked. that's how all blockchains work. all they have to do as a minimum is copy and paste bitcoin's code.

there are plenty of fakes in terms of icos, crowd sales and forks that never quite happen. that doesn't make them fake coins because they don't exist. they're fake projects, a bunch of promises that never happen.

if you have a known coin with a healthy network then it simply can't be faked. it would be rejected by the network and never reach your wallet.



 

[PleaseSignTheMessage]

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

I think they cannot be called FAKE , but useless fits better to all these crap coins around.